Black Box (NSE:BBOX) Receivables Turnover : 3.83 (As of Mar. 2024)

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What is Black Box Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Black Box's Revenue for the three months ended in Mar. 2024 was ₹14,804 Mil. Black Box's average Accounts Receivable for the three months ended in Mar. 2024 was ₹3,863 Mil. Hence, Black Box's Receivables Turnover for the three months ended in Mar. 2024 was 3.83.

Black Box Receivables Turnover Historical Data

The historical data trend for Black Box's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Black Box Receivables Turnover Chart

Black Box Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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8.14

15.44

17.49

15.90

15.65

Black Box Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															4.04	3.77	3.67	3.86	3.83

Competitive Comparison of Black Box's Receivables Turnover

For the Software - Application subindustry, Black Box's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Black Box's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Black Box's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Black Box's Receivables Turnover falls into.

Black Box Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Black Box's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	62815.8	/ (	(4166.7	+	3863.3)	/	2 )
=	62815.8	/	4015
=	15.65

Black Box's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	14803.5	/ (	(0	+	3863.3)	/	1 )
=	14803.5	/	3863.3
=	3.83

Black Box (NSE:BBOX) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Black Box Receivables Turnover Related Terms

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Black Box (NSE:BBOX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Black Box Ltd (NSE:BBOX) » Definitions » Receivables Turnover

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500463:India

Address

Building No. 9, Airoli Knowledge Park, 501, 5th Floor, MIDC Industrial Area, Airoli, Navi Mumbai, MH, IND, 400 708

Website

https://www.blackbox.com

Black Box Ltd along with its subsidiaries provides information, communications technology solutions provider, and an integrator that delivers technology-based solutions across world markets and verticals with a spectrum of applications and services. The company's operating segments are System Integration (SI); Technology Product Solution (TPS) and Others comprising of training and consulting services. It generates maximum revenue from the System Integration (SI) segment. The company exports its product to the Middle East/Africa, North America, Australia, New Zealand, Singapore, and Europe. Its solution line consists of unified communications, network infrastructure and data center, cyber security (CYBER-i), and digital transformation and applications.

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